Franklin Mutual Insurance Complete Details

Franklin Mutual Insurance is among the most established and one of respected insurance companies in New Jersey. It has been in a business run since 1879. Franklin Mutual Insurance offers wide coverage to New Jersey residents and business owners which are sold exclusively through professional independent Franklin Mutual Insurance agents. It has been rated A+ (Superior) by A.M. Best. Franklin Mutual Insurance has the financial ability and stability to protect our insureds and it will continue to grow its business.

Franklin Mutual Insurance

At Franklin Mutual Insurance, they want you to know that being a mutual insurance company means they and their customer are all together. Franklin Mutual Insurance is not owned by a big corporation and they have no stockholders. At Franklin Mutual Insurance, the primary responsibility and loyalty are their customers and their policyholders.

Values of Franklin Mutual Insurance

  • As a mutual insurance company, Franklin Mutual Insurance is committed to its policyholders, not stockholders. 
  • The valued benefits will include exceptional coverage options, competitive pricing, and efficient and fair claim settlements and which are all delivered by an engaged and competent team of Franklin Mutual Insurance.
  • In the communities that Franklin Mutual Insurance works in and serves, Franklin Mutual Insurance always tries to make them stronger, more compassionate, and more environmentally sound through their efforts and contributions.

Benefits of Franklin Mutual Insurance for Homeowners

At Franklin Mutual Insurance, they know that your home is way more than an investment or a place to live. It’s a safe haven where all friends and family gather, memories are made and shared, and the most valued possessions reside. So, to give your home and loved ones the protection they deserve with the insurance coverage, they provide plans that can be customized to meet your needs and budget.

Fewer Exclusions, More Coverage

Franklin Mutual Insurance homeowner insurance policies clarify in their articulation that what is exactly excluded from their coverage; losses from any other causes are covered. It is that simple.

Added Protection with Extended Limit Homeowner Endorsement

To get the ultimate aid in financial protection, Franklin Mutual Insurance offers an extended limit homeowner endorsement. Suppose, if the cost to repair or even rebuild your damaged home exceeds the coverage limit on your policy, they will pay up to 150% of the stated limit.

Money-Saving Discounts

You may be eligible for the homeowner insurance savings which also includes discounts for:

  • Customer loyalty
  • New homes (less than 12 years old)
  • Alarms and alarm systems
  • Fire sprinklers
  • Mature homeowner (Age 55+)
  • Higher deductibles

Customize Your Coverage

Your home and its parts cannot be the same as of some other home and in this same way, the homeowner policy shouldn’t be either. Franklin Mutual Insurance offers its policyholders a lot of coverage enhancements. It will provide you the flexibility to build your own homeowner policy according to your terms, including:

  • Valuable Possessions
  • Personal Excess Liability
  • Identity Theft Protection
  • Resident Companion
  • Home Business
  • Equipment Breakdown
  • Sewer or Septic Backup
  • Sump Pump Failure


Franklin Mutual’s home insurance is available exclusively through a selected group of independent local professional insurance agents who not only understand your specific needs but also can personalize a policy for the way you live.

Franklin Mutual Insurance for Business Owners

Owning a business is more or less like owning a home. It requires a lot of investment of not just money but also time, energy, and passion. A BOP, or business owner policy protects your business ranging between small-to-mid-sized in just the same way that a homeowner policy protects your home as well as your family by combining property and liability insurance into a single convenient package.

Franklin Mutual Insurance BOP Coverage

Franklin Mutual Insurance for Business provides the replacement price coverage for your buildings and contents

  • Business liability provides you protection against the claims and lawsuits arising from either bodily injury or property damage to others
  • Business interruption coverage covers the lost income that your business suffers during a covered property loss or is forced to close down temporarily

At Franklin Mutual Insurance, they understand that every business is different. That is why Franklin Mutual Insurance works so closely with their policyholders and professional independent agents to customize a policy that is suitable according to your specific business needs.

Franklin Mutual Insurance

More Coverage Options

Franklin Mutual Insurance makes it easy to add protection with coverage enhancements, which includes:

  • Cyber Liability
  • Building Codes, Laws & Ordinances
  • Systems Breakdown
  • Extended Loss of Rents
  • Computer & Software
  • Employment Practices Liability
  • Water, Sewer & Drain Backup
  • Spoilage Due to Loss of Utilities or Mechanical Breakdown
  • Condominium Directors and Officers Liability
  • Enhancement Endorsement
  • And Many More!

Franklin Mutual Insurance business owner policy provides your business insurance to a wide variety of businesses ranging from small-to-mid-size, including:

Main Street Business

Barber Shop, Beauty Salon, Florist, Funeral Home, Sports Goods Store, Pet Store, Shoe Store, Fashion/Clothing Store, Drug Store, and more.

Building Owner/Lessor

Apartment, Condominium, Mercantile, Light Industrial Warehouse, Mercantile with Habitational, and more.

Office Professional

Accountant, Attorney, Real Estate, Consultant, Medical Professional, Veterinarian, and more.

Food Service

Bakery, Deli, Produce Store, Meat/Fish/Poultry Store, Restaurant, and more.


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